Centrus Energy falls after Russia cancels TENEX export license

Centrus Energy

19/11/2024 15:23

(Updates)
    ** U.S.-based nuclear fuel supplier Centrus Energy's  LEU.N 
shares fall 12.8% to $66.65
    ** On Monday, company said it received a notice from
Russia's TENEX cancelling its license to export low-enriched
uranium to the United States, effective through Dec. 31, 2025
    ** If TENEX, part of Russia's state-owned energy company
Rosatom, is unable to secure export licenses, it would affect
Centrus' ability to meet delivery obligations to customers,
company said
        ** Including session's losses, Centrus up 22.5% YTD
  

 (Reporting by Seher Dareen in Bengaluru)
 ((Seher.Dareen@thomsonreuters.com))